Meten Edtechx Education Price on May 26, 2021

METXDelisted Stock  USD 3.10  0.06  1.90%   
If you're considering investing in Meten Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meten Edtechx stands at 3.10, as last reported on the 15th of April 2024, with the highest price reaching 3.34 and the lowest price hitting 3.03 during the day. We have found thirty technical indicators for Meten Edtechx, which you can use to evaluate the volatility of the firm. Please verify Meten Edtechx's Mean Deviation of 6.8, risk adjusted performance of 0.062, and Downside Deviation of 7.33 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Meten Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Meten Edtechx is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Meten Edtechx by adding Meten Edtechx to a well-diversified portfolio.

Meten Edtechx Valuation on May 26, 2021

It is possible to determine the worth of Meten Edtechx on a given historical date. On May 26, 2021 Meten was worth 0.17 at the beginning of the trading date compared to the closed value of 98.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meten Edtechx stock. Still, in general, we apply an absolute valuation method to find Meten Edtechx's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Meten Edtechx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meten Edtechx's related companies.
 Open High Low Close Volume
04/01/2022
  0.17    98.16    98.16    98.16    13,118  
  0.17    98.34    98.34    98.34    11,538  
Backtest Meten Edtechx  |  Meten Edtechx History  |  Meten Edtechx Valuation Next  
Open Value
0.17
98.16
Closing Value
0.17
Upside

Meten Edtechx Trading Date Momentum on May 26, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Meten Edtechx Education Fundamentals Correlations and Trends

By evaluating Meten Edtechx's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Meten Edtechx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meten financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Meten Edtechx Stock history

Meten Edtechx investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Meten is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meten Edtechx Education will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Meten Edtechx stock prices may prove useful in developing a viable investing in Meten Edtechx
Meten Holding Group Ltd. provides English language training services in the Peoples Republic of China. The company was founded in 2006 and is based in Shenzhen, the Peoples Republic of China. Meten Hldg operates under Education Training Services classification in the United States and is traded on NASDAQ Exchange. It employs 1229 people.

Meten Edtechx Stock Technical Analysis

Meten Edtechx technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
A focus of Meten Edtechx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meten Edtechx trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Meten Edtechx Period Price Range

Low
April 1, 2022
97.99  57,641%
High

 0.17 

     

 98.16 

Meten Edtechx April 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Meten Edtechx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meten Edtechx shares will generate the highest return on investment. By undertsting and applying Meten Edtechx stock market strength indicators, traders can identify Meten Edtechx Education entry and exit signals to maximize returns

Meten Edtechx Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Meten Edtechx's price direction in advance. Along with the technical and fundamental analysis of Meten Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meten to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Consideration for investing in Meten Stock

If you are still planning to invest in Meten Edtechx Education check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meten Edtechx's history and understand the potential risks before investing.
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